Alphabet Has Slapped Nvidia With A Reality Check (NASDAQ:GOOG) – Seeking Alpha
Coincidentally, since the Jan 23 announcement by Microsoft (NASDAQ:MSFT) about its sizeable investment in OpenAI whose star product ChatGPT has seen exponential usage throughout the world, it is Nvidia’s (NASDAQ:NASDAQ:NVDA) stock that has delivered gains of more than 85% as pictured below. This is four times the gains produced by either Microsoft or Alphabet (NASDAQ:GOOG) (GOOGL) and is mainly due to its A100 chip used to drive ChatGPT’s generative AI.
However, for those dreaming about the AI chip giant monopolizing the market, Alphabet’s release of its fourth-generation Tensor Processing Unit, or TPU appears to have injected a reality check on Nvidia’s stock on Wednesday last week when it was down by more than 2% after the news update.
Now, Alphabet is also an end-to-end player in Generative AI with its Bard or the equivalent of ChatGPT and Google Cloud, as this thesis will elaborate upon, with another aim being to identify related market opportunities while being realistic as…
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source: https://news.oneseocompany.com/2023/04/10/alphabet-has-slapped-nvidia-with-a-reality-check-nasdaqgoog-seeking-alpha_2023041043291.html
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